Excel skills remain top of list for FP&A roles: report

Advanced use of Excel is still required for the majority of FP&A jobs, with nine out of 10 top U.S. companies still seeking out Excel proficiency when filling financial analysis roles, DataRails finds.

By Grace Noto • July 1, 2022

Investors nudged FASB to crypto, carbon credits: report

The U.S. accounting standard setter drew a three-fold jump in investor feedback after launching an initiative in 2020 to get more input on where it should focus its efforts.

By Maura Webber Sadovi • June 30, 2022

Explore the Trendline➔

Top 5 stories from CFO Dive

The promises and traps of generative AI, revamped modern finance teams and stark geopolitical risks are among the top forces CFOs are grappling with this year.

By CFO Dive staff

SEC fines EY $100M for ethics exam cheating

The SEC penalty against EY follows a $50 million fine against KPMG in 2019 for cheating on internal training exams.

By Jim Tyson • June 28, 2022

With Roe overturned, employers eye changes to abortion-access benefits

With politics increasingly becoming a workplace issue, employers and C-suite executives have had to navigate how and when to make statements and changes to benefits.

By Emilie Shumway • June 27, 2022

EU global minimum tax plan hits Hungarian road 'bump'

Hungary’s eleventh hour opposition included concerns about the war in Ukraine and fears about being a first mover on the Pillar Two rules, according to a PwC report. 

By Maura Webber Sadovi • June 27, 2022

FASB preps to revamp 'outdated' accounting for software

FASB’s latest move comes as the typically slow-moving U.S. standard-setter has been on something of a tear lately, grappling with hot-button issues including cryptocurrency and goodwill.

By Maura Webber Sadovi • June 23, 2022

Predictable spend can flip view of legal as cost center

Every CFO's in-house legal team has matters with well-defined outlays. The department should aim to realize those easy wins to show control is within reach, a budget specialist says.

By Robert Freedman • June 23, 2022

Just one in three CFOs have appetite for more risk: Deloitte

Finance chiefs in the technology, financial services, and manufacturing industries were the least inclined to take on more risk, according to the Deloitte survey.

By Maura Webber Sadovi • June 21, 2022

Discover CFO eyes benefits of downturn

As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses, said CFO John Greene.

By Caitlin Mullen • June 21, 2022

Looking towards the future: Emerging demands in reporting and ESG

What public companies disclose has long been driven – at least in part – by investors. In the case of ESG, it is no different.

June 21, 2022

FASB drops four-year project changing goodwill accounting

The U.S. accounting standard-setter shelved a proposal recasting how companies account for an estimated $3.6 trillion in goodwill on their balance sheets.

By Jim Tyson • June 16, 2022

Gensler sees limit to SEC rule on carbon emissions disclosure

The SEC would only require disclosure on carbon emissions across a supply chain from companies that have publicly committed to revealing such information, Gensler said.

By Jim Tyson • June 14, 2022

May inflation spike likely to prod Fed to more aggressive action

May CPI data shows inflation rose 8.6% in the latest 12 months, its fastest in 40 years, extinguishing hopes inflation had reached its peak.

By Grace Noto • June 10, 2022

Controllers should close company books 'better,' not just faster: Gartner

Even after buying the newest technology, controllers may cling to decades-old procedures and miss opportunities to streamline closing of company books, according to Gartner.

By Jim Tyson • June 9, 2022

Crypto framework would define SEC, CFTC oversight purview

The crypto bill comes as CFOs across industries are grappling with regulatory and accounting issues stemming from the rapidly evolving digital sector.

By Robin Bradley • June 8, 2022

EU 15% global minimum tax directive could impact US: KPMG

CFOs of multinational companies bracing for the 15% global minimum tax should watch how Poland leans on the matter this month to get a better gauge of how quickly rules could be implemented.

By Maura Webber Sadovi • June 6, 2022

Tanger REIT abruptly ousts CFO, 28-year company veteran

Tanger Factory Outlet Centers begins the hunt for a new CFO after ousting 28-year company veteran James Williams as CFO, Treasurer and EVP, a company filing shows.

By Grace Noto • June 6, 2022

With the 20th anniversary of the landmark Sarbanes Oxley Act, spotlight on the impact to auditor independence

A look at the lessons and accomplishments of SOX. Since passing the bipartisan law, there has not been a serious case of public company financial fraud in the United States.

June 6, 2022

May notches lowest job gains since pandemic recovery: ADP

ADP reported nonfarm private sector employmers added 128,000 jobs in May, marking the lowest gains since the start of pandemic recovery and potentially indicating a modest decline in unemployment figures.

By Grace Noto • June 2, 2022

Repay CFO uses 5% raises, retention packages to win workers

While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slow down in growth for our core markets."

By Maura Webber Sadovi • June 2, 2022

SEC pushes crackdown on COVID-19 scams

Several companies have sought to cash in on public anxiety and investor eagerness by making false claims about the availability of products to combat the coronavirus.

By Jim Tyson • June 1, 2022

FASB takes up environmental credits, carbon offsets

The U.S. standard setter's move to upgrade environmental credits to its technical agenda signals another new priority for FASB.

By Maura Webber Sadovi • May 27, 2022

Restatements surge to 15-year high on SPAC filings

Tougher SEC oversight triggered a wave of SPAC restatements in 2021 and chilled the market in so-called blank-check companies.

By Jim Tyson • May 26, 2022

Climate-related disclosure annually costs companies $677,000 on average

The Securities and Exchange Commission is pushing a climate risk disclosure rule that would require companies to budget for detailed analysis of their greenhouse gas emissions.

By Jim Tyson • May 25, 2022

SEC charges BNY Mellon unit with making false ESG statements

The SEC has stepped up its efforts to ensure companies accurately report their adherence to sustainability best practices.

By Jim Tyson • May 23, 2022